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Meredith Chief Sees Big Future in Special-Interest Magazines

Mr Magazine:  In the last 12 months, Meredith has sold about 19 million copies of special interest publications, says magazines boss Doug Olson. "It is a very profitable business for us. We think there’s a lot of opportunities still there. We think there is more to...

Conde Nast Publishes Vogue Edition in Italy Without Photos

USA Today:  Vogue Italia has released its January issue, but it doesn't look like what one would typically expect. Gone are the glossy photos that typically grace the magazine. Instead, the publication ran illustrations. The change comes as Vogue Italia looks to...

Tribune Journos Eye Local Ownership to Fend Off Hedge Fund

Baltimore Business Journal:  An effort is underway by some journalists at the Baltimore Sun to find new, local ownership for the 183-year-old newspaper. The move follows the November purchase of 32% of Tribune Publishing stock by Alden Global...

New York Times Hires Bloomberger for New Tech Newsletter

Talking Biz News:  The New York Times has named Shira Ovide to help lead a new technology newsletter. Ovide joins the Times from Bloomberg Opinion, where she has been a tech columnist since 2015. Ovide will explore how tech affects all aspects of modern...

Schneps Media to Merge Free Newspapers Metro, amNewYork

New York Post:  Metro New York, one of the city’s two freebie daily papers, will disappear following the sale of assets to Schneps Media, which already owns the other freebie paper amNew York. A merged paper will be reflagged as amNewYork Metro starting Jan....

BuzzFeed Reports Growth in Commerce, Preps Memberships

Wall Street Journal:  BuzzFeed’s biggest growth has come from commerce, which now makes up 21% of the company’s overall revenue. The company also is seeking to create a membership model, with an eye on creating niche social communities for people with shared...

Analysis: Internet Media Employment Triples in Past Decade

Ad Age:  Employment at internet media firms has more than tripled to 277,000 jobs since the Great Recession ended in June 2009. Over that period, internet media’s share of U.S. media jobs has surged to 36 percent from 11 percent. The big losses came in print...

Google Alum Says Internet Giant Values Profits Over People

Fox Business:  Former Google executive Ross LaJeunesse slammed the tech giant for valuing profits more than human rights in an essay.  Google’s former head of international relations wrote that Google’s phrase, “Don’t be evil” had become “nothing more than a corporate...

Facebook to Live Stream Pre-Show for Golden Globe Awards

Variety:  The Golden Globes red carpet will roll out again on Facebook, which reupped its deal as the exclusive live-streaming partner for the 2020 awards’ official pre-show on Sunday. Facebook, for the third year running, teamed with the Hollywood Foreign Press...

Bloomberg Campaign Moves to Former New York Times HQ

Politico:  Mike Bloomberg’s rapidly expanding presidential campaign is moving to Times Square, setting up its headquarters at the old New York Times building on West 43rd Street. The relocation comes as Bloomberg’s campaign pushes past 300...

McClatchy Freezes Benefit Payments to Some Former Execs

MarketWatch:  McClatchy has frozen pension payments to some former executives and enlisted the services of a bankruptcy-administration firm as it seeks a government takeover of its retirement plan. The move is the latest sign of liquidity pressure faced by the...

Infowars Boss to Pay $100,000 for Sandy Hook Hoax Claim

Reuters:  Alex Jones has been ordered to pay $100,000 in court costs and legal fees stemming from a lawsuit over his claims that the 2012 Sandy Hook massacre of school children was a hoax. Jones is the founder of the Infowars radio show and...

BuzzFeed Vows Support for British Edition Amid Big Losses

Press Gazette:  BuzzFeed UK made a loss of £9.4 million in 2018, new full-year accounts show. The directors say they have “received assurances of the continued support” of the group’s US parent company for at least a further 12...

Group Nine Media CEO Predicts Trouble for Smaller Players

AdExchanger:  Group Nine Media CEO Ben Lerer: "2019 was a major shake out for digital media. The tough times for smaller players aren’t over, but in 2020, I believe you’ll see the companies that have amassed real scale emerge as the true, next generation leaders."...



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